The Eastern Company
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The Eastern Company
The Eastern Company ( NASDAQbr>EML was set up in 1858 and now is headquartered in Naugatuck, Connecticut. The company operates in three segments: Industrial Hardware; Security Products; Metal Products. As of November, 2013 the company owns four main subsidiaries namely Eberhard Hardware Manufacturing Ltd. (Canada); Sesamee Mexicana (Mexico); World Lock Co. Ltd. (Taiwan); World Security Industries Co. Ltd. (Hong Kong). History * In 1858, B.B. Tuttle and J.H. Whittemore established Tuttle & Whittemore iron works. * During the American Civil War (1861 ~ 1865) the company' products sales grew dramatically. In 1887, the company changed its name to Naugatauk Malleable Iron Company until 1912 when the company was incorporated as Eastern Malleable Iron Company. * From 1930s to 1960s the company undergone an important revolution in its history. Dibble shut down four of the six plants and used about $800,000 to buy Cleveland's Eberhard Manufacturing Company in 1936. After that in 1944, E ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Ohio
Ohio () is a state in the Midwestern region of the United States. Of the fifty U.S. states, it is the 34th-largest by area, and with a population of nearly 11.8 million, is the seventh-most populous and tenth-most densely populated. The state's capital and largest city is Columbus, with the Columbus metro area, Greater Cincinnati, and Greater Cleveland being the largest metropolitan areas. Ohio is bordered by Lake Erie to the north, Pennsylvania to the east, West Virginia to the southeast, Kentucky to the southwest, Indiana to the west, and Michigan to the northwest. Ohio is historically known as the "Buckeye State" after its Ohio buckeye trees, and Ohioans are also known as "Buckeyes". Its state flag is the only non-rectangular flag of all the U.S. states. Ohio takes its name from the Ohio River, which in turn originated from the Seneca word ''ohiːyo'', meaning "good river", "great river", or "large creek". The state arose from the lands west of the Appalachian Mountai ...
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Companies Established In 1858
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions An educational institution is a place where people of different ages gain an education, including preschools, childcare, primary-elementary schools, secondary-high schools, and universities. They provide a large variety of learning environments an ... A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Incorporation (business), incorporation, or published policy. When a company closes ...
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Chief Accounting Officer
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Qualification Most CFOs of large companies ...
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Chief Financial Officer
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Qualification Most CFOs of large companies hav ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Clamp (tool)
A clamp is a fastening device used to hold or secure objects tightly together to prevent movement or separation through the application of inward pressure. In the United Kingdom the term cramp is often used instead when the tool is for temporary use for positioning components during construction and woodworking; thus a G cramp or a sash clamp but a wheel clamp or a surgical clamp. There are many types of clamps available for many different purposes. Some are temporary, as used to position components while fixing them together, others are intended to be permanent. In the field of animal husbandry, using a clamp to attach an animal to a stationary object is known as "rounded clamping." A physical clamp of this type is also used to refer to an obscure investment banking term, "fund clamps." Anything that performs the action of clamping may be called a clamp, so this gives rise to a wide variety of terms across many fields. Types Temporary These clamps (or cramps) are used to po ...
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Railway Coupling
A coupling (or a coupler) is a mechanism typically placed at each end of a railway vehicle that connects them together to form a train. A variety of coupler types have been developed over the course of railway history. Key issues in their design include strength, reliability, ease of making connections and operator safety. The equipment that connects the couplings to the vehicles is the draft gear or draw gear and these must absorb the stresses of coupling and train acceleration. Nomenclature Compatible and similar couplings or couplers are frequently referred to using widely differing make, brand, or regional names, or nicknames, which can make describing standard or typical designs confusing. Dimensions and ratings noted in these articles are usually of nominal or typical components and systems, though standards and practices also vary widely with railway, region, and era. Buffers and chain The basic type of coupling on railways following the British tradition is the bu ...
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Timer
A timer is a specialized type of clock used for measuring specific time intervals. Timers can be categorized into two main types. The word "timer" is usually reserved for devices that counts down from a specified time interval, while devices that do the opposite, measuring elapsed time by counting upwards from zero, are called stopwatches. A simple example of the first type is an hourglass. Working method timers have two main groups: hardware and software timers. Most timers give an indication that the time interval that had been set has expired. Time switches, timing mechanisms that activate a switch, are sometimes also called "timers". Hardware Mechanical Mechanical use clockwork to measure time. Manual timers are typically set by turning a dial to the time interval desired; turning the dial stores energy in a mainspring to run the mechanism. They function similarly to a mechanical alarm clock; the energy in the mainspring causes a balance wheel to rotate back and forth. ...
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Hinge
A hinge is a mechanical bearing that connects two solid objects, typically allowing only a limited angle of rotation between them. Two objects connected by an ideal hinge rotate relative to each other about a fixed axis of rotation: all other Translation (geometry), translations or rotations being prevented, and thus a hinge has one degree of freedom. Hinges may be made of Flexure bearing, flexible material or of moving components. In biology, many joints function as hinges, like the elbow joint. History Ancient remains of stone, marble, wood, and bronze hinges have been found. Some date back to at least Ancient Egypt. In Ancient Rome, hinges were called wikt:cardo#Latin, cardō and gave name to the goddess Cardea and the main street Cardo. This name cardō lives on figuratively today as "the chief thing (on which something turns or depends)" in words such as ''wikt:cardinal#English, cardinal''. According to the OED, the English word hinge is related to ''wikt:hang#English, ...
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Latch (hardware)
A latch or catch (called sneck in Northern England and Scotland) is a type of mechanical fastener that joins two (or more) objects or surfaces while allowing for their regular separation. A latch typically engages another piece of hardware on the other mounting surface. Depending upon the type and design of the latch, this engaged bit of hardware may be known as a ''keeper'' or ''strike''. A latch is not the same as the locking mechanism of a door or window, although often they are found together in the same product. Latches range in complexity from flexible one-piece flat springs of metal or plastic, such as are used to keep blow molded plastic power tool cases closed, to multi-point cammed latches used to keep large doors closed. Common types Deadbolt latch A single-throw bolt. The bolt can be engaged in its strike plate only after the door is closed. The locking mechanism typically prevents the bolt from being retracted by force. Spring latches * Latch bolt An extrem ...
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Marietta, Ohio
Marietta is a city in, and the county seat of, Washington County, Ohio, United States. It is located in southeastern Ohio at the confluence of the Muskingum and Ohio Rivers, northeast of Parkersburg, West Virginia. As of the 2020 census, Marietta has a population of 13,385 people and is the principal city of the Marietta Micropolitan Statistical Area, which includes all of Washington County, and is the second-largest city in the Parkersburg–Marietta–Vienna, WV–OH Combined Statistical Area. Founded in 1788 by pioneers to the Ohio Country, Marietta was the first permanent U.S. settlement in the newly established Northwest Territory, created in 1787, and what would later become the state of Ohio. It is named for Marie Antoinette, then Queen of France, in honor of French aid in the American Revolution. Prior to American settlement, the area was inhabited by various native tribes of the Hopewell tradition, who built the Marietta Earthworks, a complex more than 1,500 years ...
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